Orrön Energy Balance Sheet Health
Financial Health criteria checks 5/6
Orrön Energy has a total shareholder equity of €338.0M and total debt of €91.8M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are €459.1M and €121.1M respectively.
Key information
27.2%
Debt to equity ratio
€91.80m
Debt
Interest coverage ratio | n/a |
Cash | €20.00m |
Equity | €338.00m |
Total liabilities | €121.10m |
Total assets | €459.10m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ORRONS's short term assets (€28.6M) exceed its short term liabilities (€12.2M).
Long Term Liabilities: ORRONS's short term assets (€28.6M) do not cover its long term liabilities (€108.9M).
Debt to Equity History and Analysis
Debt Level: ORRONS's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: ORRONS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ORRONS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ORRONS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.4% per year.